Name : Anil Agarwal

Born on : 24th January 1954

Place of Birth : Patna, Bihar
Educated from : Sir Ganesh Dutt Patliputra High School, Bihar
Works for : Vedanta Resources Corporations Valued at$2 Billion
Position : Founder, Executive Chairman Vedanta Resources
Married to : Kiran Gupta
Children : Agnivesh (son) and Priya (daughter)

About Anil Agarwal

Anil Agarwal ethnically a marwari is the founder and executive chairman of

Vedanta Resources. It all started when Anil came down to Mumbai as a scrap dealer
in 1976 to build an empire in copper, zinc, aluminum and iron-ore after leaving his
father's aluminium conductors making business.

Anil studied at Miller High School but left school at 15, to join his fathers
business, which too he eventually left and now is the founder of an UK-based
corporation. Vedanta Resources Corporation was founded in 1976, the year he
came to Mumbai.

Personal Background of Anil Agarwal

Anil Agarwal was born on 24th January 1954 in Patna, Bihar to a lower
middle class family whose financial condition was not that strong. His father had a
small business of making aluminum conductors. As far as studies are concerned,
Anil is a matriculate from Sir Ganesh Dutt Patliputra High School; Bihar where, Lalu
Prasad Yadav was his classmate. Anil holds a B.E degree from the Malaviya Regional
Engineering College, Jaipur.

Anil Agarwal enjoys cycling, which has been one of the major activities in his
childhood too. He is a strict vegetarian and is a devotee of the Hindu God Krishna.

Anil Agarwal is married to his family friend and fellow cyclist, Kiran Gupta.
The couple has a son named Agnivesh and a daughter named Priya and now live in
London.
Anil Agarwal's Career

Much before the Vedanta Group was found; Anil served as the Chief
Operating officer of Orient Ceramics & Industries Ltd and gained an experience of
over 31 years as an Industrialist.

In 1976, he founded Sterlite Industries, a business operating in the Industrial

sector and then slowly and gradually he developed and founded Vedanta Resources
bringing the variety of businesses, owned by the family, together. Later Anil was
also the Chief Executive Officer and Managing Director of Sterlite Industries India
Ltd; a subsidiary of Vedanta Resources from 1980 to 2004.

He has been a Director of Sterlite Gold Ltd. since January 1999 and Sterlite
Industries India Ltd. since 1978. He is the Executive Chairman of Vedanta Resources
since March, 2005.

Anil Agarwal has been the Chairman of Sterlite Industries India Ltd. since
October 2004. Not only has he been the Non Executive Chairman of Sterlite
Technologies Limited since October, 2006 but he also serves as the Chairman of the
Board of Bharat Aluminium Company Ltd. (BALCO) and Sterlite Gold Ltd.

Anil is also the Director of Copper Mines Of Tasmania Pty Ltd. He also served
as a Director of Hindustan Zinc Ltd (HZL) from April, 2002 to March 2009.

Achievements of Anil Agarwal

Anil Agarwal has a number of Board Members Memberships. Some are as follows:

Chairman of the Board, Bharat Aluminium Company Ltd.

Director, Copper Mines of Tasmania Pty Ltd.
Director, Vedanta Resources Holdings Ltd.
Non Executive Chairman and Member of Remuneration Committee, Sterlite
Industries (India) Ltd.
Chairman, Member of Compensation & Benefits Committee and Member of
Audit Committee, Sterlite Gold Ltd.
Former Director, Hindustan Zinc Ltd.
Founder, Executive Chairman, Chairman of Nominations Committee and
Member of Executive Committee, Vedanta Resources Plc.
Non-Executive Chairman, Sterlite Technologies Limited.
Chairman and Member of Remuneration Committee, Sterlite Energy Ltd.
Vedanta Resources Corporation- Company Profile

Vedanta Resources Corporation is an LSE-listed diversified FTSE 100 metals

and mining company, and India’s largest non-ferrous metals and mining
company based on revenues. Its business is principally located in India, one
of the fastest growing large economies in the world.
In addition, it has additional assets and operations in Zambia and Australia.
They are primarily engaged in copper, zinc, aluminium and iron ore
businesses, and are also developing a commercial power generation
business.
It has experienced significant growth in recent years through various
expansion projects for their copper, zinc and aluminum businesses and their
acquisition of Sesa Goa in April 2007, which enabled them to enter the iron
ore business. Revenue from the businesses increased from $3,701.8 million
in fiscal 2006 to $7,930.5 million in fiscal 2010, representing a compound
annual growth rate of 21%.
They believe their experience in operating and expanding their businesses in
India will allow them to capitalize on attractive growth opportunities arising
from India’s large mineral reserves, relatively low cost of operations and
large and inexpensive labor and talent pools.
They believe they are also well positioned to take advantage of the
significant growth in industrial production and investments in infrastructure
in India, China, Southeast Asia and the Middle East, which they expect will
continue to create strong demand for metals.

Problems faced by Anil's Vedanta Group

The only major problem faced by Vedanta, the company and Anil was related to
the extraction of metals. Anil faced a lot of criticism from activists who opposed Vedanta's
plan to extract bauxite from what tribal people say is a sacred mountain in India's
impoverished but mineral-rich state of Orissa.

Group Companies

• Vedanta Limited
• BALCO (Bharat Alluminium Company ltd.)
• Konkola Copper Mines
• Copper Mines of Tasmania
• Hindustan Zinc Ltd.
• Talwandi Sabo Power
 • Cairn India
• Zinc International
• Vedanta Foundation

Who we are???

Vedanta Resources is a London Stock Exchange listed, globally diversified

natural resources company with interests in Zinc, Lead, Silver, Copper, Iron Ore,
Aluminium, Power and Oil & Gas.

Our exploration portfolio from all the four continents that we operate in,
follows a history of consistent geological discovery. With a business model of
growth, constant value creation and improved operations, the company's vision is
focused towards building the wealth of our shareholders and sustainably engaging
the community we operate in.

Accountability being a core characteristic of Vedanta's work philosophy, our

long term business approach adopts best practices towards fulfilling vital customer
needs in a safe and responsible manner.

Our people are dedicated towards continuously reviewing strategic plans to

keep in line with the variables of opportunity, innovation and focus. Vedanta's
success as a diversified resources major is due to a constant awareness of the
impact we make on the lives of those working with us. Be they our people and their
families or our business partners, we give back to the community that constantly
nurtures us through economic and other developments in our host countries.

At the broadest level, we do this by directly and indirectly employing over

80,000 people, with the majority drawn from the surrounding communities of each
of our operations* This is in addition to our contribution to the countries we
operate in through the timely payments of our tax obligations. We contributed US$
4.6 billion to our host governments through direct and indirect taxes and royalties.
In addition we have spent US$ 42 million in community investments.

We work towards minimizing the effect of our operations on the

environment and to maximize the benefits for the local communities, while
respecting their laws and customs. To ensure a long-term future of the Group, we
have adopted systematic exploration and resource development practices as we
constantly strive to add to our Reserves and Resources.

What we do???

As one of the leading diversified natural resources companies in the world,

Vedanta Resources Plc has operations spanning a vast value chain of exploration,
asset development, extraction, processing and value addition. Our strategic
capabilities and alliances, including our strengths, resources and relationships, are
singularly focused on creating and preserving value for our wide stakeholder groups
and our clientele.

Geographically, our operations are centered in India, Sri Lanka, Zambia,

Namibia, South Africa, Liberia, Ireland and Australia with employee strength of over
28,000 people.

We have undertaken several greenfield and brownfield expansion projects

throughout the world. We have also consistently completed capital expansions,
involving complex project technologies and large investments, in record time and at
significantly lower costs.

Value Chain

Exploration

Our constant endeavor has been to add more to our Reserves and
Resources ('R&R') through various ongoing brownfield and greenfield activities. This
helps us to extend the lives of our existing mines and oilfields.

Asset Development

Across our businesses, we have a strong track record of executing projects

on time and within budget. We take special care to develop the resource base to
optimize production and life of the resource following a successful exploration. We
also strategically develop processing facilities.

Extraction

Our operations are focused on mining metals, extracting oil & gas and
generating power. We operate our mines in India, Africa, Australia and Ireland,
extracting zinc, lead, silver, iron ore, bauxite and copper. We have three operating
blocks in India producing oil & gas.
Processing

In line with our integrated business model, we produce refined metals by

processing and smelting the extracted resources at our zinc, lead, silver, copper,
and aluminium smelters, and other processing facilities in India and Africa. For this
purpose, we generate captive power as a best practice measure and sell any surplus
power. Alternatively, we also sell power generated by our independent power
plants.

Value Addition

We meet market requirements by selectively adding value and converting

the primary metals produced into higher margin products such as sheets, rods,
bars, rolled products, etc. at our zinc, aluminium and copper businesses.

Core Purpose & Values

Vedanta is a globally diversified natural resources company with low cost

operations. We empower our people to drive excellence and innovation to create
value for our stakeholders. We demonstrate world-class standards of governance,
safety, sustainability and social responsibility.

Our values

Trust

We actively foster a culture of mutual trust in our interactions with our

stakeholders and encourage an open dialogue which ensures mutual respect.

Entrepreneurship

At Vedanta, our people are our most important assets. We actively

encourage their development and support them in pursuing their goals.

Innovation

We embrace a conducive environment for encouraging innovation that

leads to a Zero harm environment and exemplifying optimal utilization of natural
resources, improved efficiencies and recoveries of by-products.
Excellence

Our primary focus is delivering value of the highest standard to our

stakeholders. We are constantly motivated on improving our costs and our quality
of production in each of our business through a culture of best practice
benchmarking.

Integrity

We place utmost importance to engaging ethically and transparently with all

our stakeholders, taking accountability of our actions to maintain the highest
standards of professionalism and complying with international policies and
procedures.

Respect

We lay consistent emphasis on human rights, respect the principle of free,

prior, informed consent, while our engagements with stakeholders give local
communities the opportunity to voice their opinions and concerns.

Care

As we continue to grow, we are committed to the triple bottom line of

People, Planet and Prosperity to create a sustainable future in a zero harm
environment for our communities.

Strategy

We intend to deliver growth and long-term value while upholding

sustainable development through our diversified portfolio of large, long-life and
low-cost assets.

Growth

We are keenly focused on extending our resource base and growing our
assets organically, by identifying and investing in projects that help expand our
capacity and increase production volumes.

Long-term Value
Optimize Returns

We aim to optimize our cost and operational performance through a culture

of continuous improvement to achieve and maintain a competitive cost position in
all our businesses.

Reserves and Resources

We have adopted systematic exploration and resource development

practices as we constantly strive to add to our Reserves and Resources.

Group Structure

Consolidation and simplification of our Group structure remains a strategic

objective with a view to building long-term value through the optimization of Group
resources.

Sustainability

Responsible Stewardship

We have specific management systems in place to run our operations to

minimize the risk of harm to people and the environment throughout the lifecycle
of our projects.

Building Strong Relationships

We aim to forge strong partnerships by engaging with our key stakeholders,

including shareholders and lenders, suppliers and contractors, customers,
employees, governments, communities and civil society through active interactions
and involvement.

Adding and Sharing Value

We aim to create and implement policies and processes that will contribute
to the well-being and development of our employees and deliver sustainable
benefits to the local communities.

Highlights-2015
 Vedanta Resources has continued to enrich its world-class diversified
portfolio of large, structurally low-cost assets with long mine-life. We have built a
strong cash flow growth by substantially investing in projects and our recent
acquisitions have provided additional growth options. Here is a summary of
milestones achieved in 2015.

Financial Highlights

Revenue of US$12.9 billion in line with prior year

EBITDA(1) of US$3.7 billion (FY2014 US$4.5 billion), adjusted EBITDA margin
of 38%(2) (FY2014 : 45%)
Underlying Earnings/(Loss) Per Share(3) of (14.2) US cents (FY2014: 14.7 US
cents)
Basic Earnings Per Share (EPS) of (654.5) US cents primarily on account of an
impairment of US$4.5 billion(net of tax)
o Non-cash Impairment reflecting lower commodity price.
Free cash flow after growth capex of US$1.0 billion (FY2014 US$1.3 billion)
Gross debt reduced by US$ 0.6 billion in H2 FY2015 and US$0.2 billion in
FY2015 with gross debt at US$16.7 billion in FY 2015(FY2014 US$16.9 billion)
Net debt up by US$0.5 billion to US$8.5 billion; US$0.8 billion spent on
increasing our stake in subsidiaries, Vedanta Limited and Cairn India Limited
Credit rating changed from BB to BB- by S&P, Moody’s retained at Ba1 with
change in outlook to negative mainly on account of lower oil prices
Final dividend of 40 US cents per share, full year dividend 63 US cents per
share, up 3%

Business Highlights

Record full-year mined metal production at Zinc India; better positioned for
underground transition
Copper India: Record production
Copper Zambia: Production for the full year lower; KDMP Shaft # 1 back on
line and production improving at Konkola
Record full year Aluminium and Alumina production; started new
Jharsuguda-II and Korba-II smelters
Recommenced Iron ore production at Karnataka, final approval awaited at
Goa; record annual production of Pig Iron
Iron ore export duty in India reduced from 30% to 10% for less than 58% Fe
iron ore, effective 1 June 2015
Oil & Gas production normalised after the planned shutdown in Q2 FY2015

Sustainability highlights
 Introduction of Fourth Pillar – “Strategic Communications” in Sustainable
Development Model
Progressing towards “Zero Harm” goal

➢ 47% reduction in Loss Time Injury Frequency Rate as compared to FY

2011
➢ Consistent application of ‘Life-Saving’performance standards
➢ Zero Category four and five (severe) Environment spillages
➢ 100% Periodical medical examination for all applicable employees

FY15 Water and Energy savings target achieved

US$ 61.5 mn invested in environmental initiatives
1.24 million training hours to workforce
Signed WBCSD Pledge for access to safe Water, Sanitation and Hygiene
(WASH)
US$42million contributed to community development, benefiting around 4
million people
US$4.6 billion paid in taxes and royalties

Our Journey

We have been contributing towards the economic & social development of

industry, communities and economies across the world for over 30 years.

From a humble beginning we today are a global leader in the diversified

natural resources industry. Our strong foundation & our values have helped propel
us from strength to strength.

From Shamsher Sterling to Vedanta Resources this is Our Journey....

1979
Anil Agarwal acquires Shamsher Sterling
Corporation through a family firm.

The Board of Vedanta Resources plc. believes that high standards of Corporate
Governance are critical for any business to succeed and feels deeply accountable to the
shareholders for upholding this principle.
Executive Directors
Anil Agarwal

Group Chairman, Vedanta Resources Plc and Chairman Emeritus,

Vedanta Limited (formerly known as Sesa Sterlite Ltd/Sesa Goa Ltd)

Mr. Anil Agarwal founded the Group in 1979 and is the Executive Chairman of
Vedanta Resources Plc, a London-listed company,

Navin Agarwal.

Chairman, Vedanta Limited (formerly known as Sesa Sterlite Ltd/Sesa

Goa Ltd), Chairman, Cairn India Limited & Deputy Executive Chairman
Vedanta Resources Plc

Tom Albanese
Chief Executive Officer, Mr. Tom Albanese is the CEO of Vedanta
Resources Plc and Vedanta Limited (formerly known as Sesa Sterlite
Ltd/Sesa Goa Ltd), a subsidiary of Vedanta Resources Plc. Mr. Albanese
was formerly the Chief Executive of Rio Tinto, a global diversified mining
company

Non-Executive Directors

Aman Mehta

Mr Mehta is currently a non-executive director of Jet Airways (India)

Limited.
 Euan Macdonald
Mr. Macdonald has a wealth of corporate and financial knowledge
having previously spent over 20 years with SG Warburg, specializing in
emerging market finance.

Geoffrey Green

Mr. Green was a partner of a leading international law firm, Ashurst

LLP from 1983 to 2013, and formerly served as Ashurst’s senior
partner and chairman of its management board for 10 years until
2008.

Deepak Parekh Mr. Parekh is the chairman of Housing Development

Finance Corporation, India’s leading financial services conglomerate
with a presence in banking, asset management, life insurance, general
insurance, real estate, venture funds and education loans.

Katya (Ekaterina) Zotova

Ms. Zotova joined Vedanta Resources Plc in August 2014. She will also
serve as a member of the Nominations and Remuneration Committees
of the Board.

Management Structure

Vedanta's management structure is designed to bring the skills and

experience of our executives to bear in the most efficient way possible, facilitating
decision-making across all the business units.

Executive Directors
• Anil Agarwal

Group Chairman, Vedanta Resources Plc and Chairman Emeritus, Vedanta Limited

• Navin Agarwal

Chairman, Vedanta Limited, Chairman, Cairn India Limited & Deputy Executive
Chairman Vedanta Resources Plc
 • Tom Albanese

Chief Executive Officer

Senior Management Team

The Executive Committee oversees the Group's operations and
implementation of the strategic initiatives which are set by the Board. It is led by
Mr. Albanese and comprises of the Executive Vice Chairman and the following
members of senior management.

Tarun Jain
Whole-time Director, Vedanta Limited

DD Jalan
Whole-time Director & Chief Financial Officer

Akhilesh Joshi
Chief Executive Officer and Whole- time Director, Hindustan Zinc Limited

Dilip Golani
Director, Management Assurance and Information Technology

M Siddiqi
Group Director, Projects

R Kishore Kumar
Chief Executive Officer (Iron Ore Business)
Roma Balwani
President, Group Sustainability, CSR & Communications

Rajesh Padmanabhan
President and Group Chief Human Resource Officer

Steven Din
Chief Executive Officer and Director, Konkola Copper Mines (KCM)

Mukesh Bhavnani
Group Legal Counsel and Chief Compliance Officer

Abhijit Pati
Chief Executive Officer, Aluminium.

Mayank Ashar
Managing Director and Chief Executive Officer, Cairn India Limited.